Occupy Forum: How the Other Half Isn't Allowed to Bank.
Occupy Forum presents Strike Debt Bay Area:
How The Other Half Isn't Allowed to Bank
Strike Debt Bay Area (SDBA) is dedicated to fighting unjust debt. Our latest project: Human Interest Lending
Community Check Cashing (CCC) is a non-profit, providing the same services that for-profit payday lenders do -- at a third to a half of what they charge. CCC estimates that it has saved its customer base over $1,200,000 in the six years it has been open.
As activists, we've been exploring ways CCC can be strengthened and its model can be expanded -- with the ultimate goal of taking out the for-profit payday lenders. We call this project Human Interest Lending. We'll provide some history of the banks and the social contract, and talk about where we want to go. We'll also update attendees on some of Strike Debt Bay Area’s other projects, including ending Student Debt and saving the Berkeley Post Office.
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